Underlying sentiment was underpinned by Fed rate cut bets, hopes for Sino-U.S. trade deal and better-than-expected China's July exports data.
The dollar index slipped under 98 mark as recent weak NFP data revived September rate cut speculation.
Gold rose more than half a percent to hover around $3,390 per ounce levels while oil prices rose about 1 percent after the Energy Information Administration's (EIA) latest report revealed an unexpected drop in crude oil inventories.
China's Shanghai Composite index edged up by 0.16 percent to 3,639.67 as data showed exports climbed 7.2 percent in July in U.S. dollar terms from a year earlier, exceeding expectations ahead of the U.S. tariff truce deadline. Imports grew 4.1 percent, while economists had predicted a 1.0 percent fall.
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